Sale of Seetec Business Technology Centre Limited to an Employee Ownership Trust (EOT)
Seetec Business Technology Centre Limited
Seetec Business Technology Centre Limited is a leading provider of high quality, outcome driven, end-to-end skills, employability, justice and health services.
"Grant Thornton understood our business, values and objectives from the start and were able to combine their experience in the Justice, Employability Skills and Training sector with their exceptional knowledge of the funding market in order to deliver a transaction in a timely manner. The team provided high quality guidance and support which delivered a funding facility that meets our needs from a provider that understands our business and goals. I would highly recommend them to anyone looking for high-quality advisors."
Peter Cooper, Chairman
Transitioning to an Employee Ownership Trust (EOT)
We advised Peter Cooper (chairman of Seetec) and the company's management team on the initiation, preparation, structuring and execution of the EOT.
How we helped
We assisted Seetec to prepare a business plan; led negotiations; worked with external stakeholders; supported the legal drafting process, and project-managed due diligence, as well as fund-raising to completion.
We obtained and negotiated optimal offers for Seetec. Our efficient processes and expert commercial advice ensured that all stakeholders' objectives were achieved and the transaction was delivered within the agreed timetable.
Our extensive experience in raising debt finance created a solution that facilitates the continued growth ambitions of Seetec as well as the transition to an EOT. All stakeholders really benefitted from the range of our corporate finance advisory, taxation & valuations services.